Delays around the Digital Asset Market Clarity Act are becoming more than just a political issue. According to Cynthia Lummis, they could push crypto companies, developers, and capital out of the United States entirely.
Every day we delay the Clarity Act is a day American companies consider building their future somewhere else.
— Senator Cynthia Lummis (@SenLummis) May 6, 2026
In the latest Crypto Clarity Act News, Lummis warned that delays around the Crypto Bill are increasing the risk of blockchain companies choosing offshore markets instead of building in America. The statement comes as the Senate continues debating the broader Crypto Bill framework. While competitors like the UAE, Singapore, and Hong Kong move aggressively to attract blockchain businesses.
The Digital Asset Market Clarity Act already passed the House with bipartisan support in 2025 through a 294-134 vote. It was later referred to the Senate Banking Committee, where it remains under review. Recent negotiations focused heavily on stablecoin yield rules. Lawmakers reached a compromise allowing activity-based crypto rewards while restricting passive, bank-style stablecoin yield products. That agreement removed one major roadblock. Senate markup discussions are now expected in May 2026, although delays remain possible. The issue is timing. If Senate movement slips further, the bill could face growing political complications ahead of the 2026 midterm cycle.
The debate is no longer only about regulation. It is now about global competition. Supporters of the Crypto Bill argue that the U.S. risks losing innovation if firms continue operating under unclear rules. Many crypto companies already structure operations offshore due to uncertainty around SEC enforcement and token classification.
The Digital Asset Market Clarity Act aims to address that problem by creating a clearer split between the SEC and CFTC. Under the proposal:
The bill also includes protections for some non-custodial developers and DeFi software builders. This matters because many crypto firms say regulation-by-enforcement has made long-term planning difficult inside the U.S.
For investors, regulatory clarity could bring major benefits. Clearer rules may improve institutional participation, custody access, exchange compliance, and secondary market liquidity. At the same time, stronger oversight could reduce uncertainty around which tokens face enforcement risks. For developers, the stakes may be even higher. The proposed framework creates possible safe harbors for decentralized and non-custodial projects. That could encourage more blockchain infrastructure and DeFi development inside the U.S. instead of overseas. However, delays create the opposite effect. Builders may choose jurisdictions with faster-moving frameworks and lower legal uncertainty.
The current battle over the Digital Asset Market Clarity Act is becoming a test of whether the U.S. wants to lead the next phase of digital finance or react to it later. Critics worry parts of the bill still favor large institutions and increase compliance burdens. Others argue the framework remains incomplete without broader stablecoin legislation. Still, the message from lawmakers like Cynthia Lummis is becoming sharper. The longer Congress waits, the greater the risk that crypto innovation, jobs, and capital move elsewhere. Furthermore, in a global industry that moves fast, delay itself may become the biggest regulatory decision of all.
The post Will CLARITY Act Delays Push Crypto Firms Out of America? appeared first on Coinfomania.
The pace of digital markets is accelerating rapidly, and many users no longer debate whether artificial intelligence should venture into the realm of trading; instead,
Telegram founder Pavel Durov shared data showing The Open Network (TON) finalizes transactions in 0.6 seconds. That places TON first among Layer 1 blockchains, far
Alongside over 500 speakers, many of whom are high-profile names like CZ, Michael Saylor, Brad Garlinghouse, and a few senators, one of Pi Network’s co-founders,
Keonne Rodriguez, one of the developers behind the crypto-mixing protocol Samourai Wallet, is appealing to the crypto community for donations to help cover legal bills and fines tied to his trial over money laundering. Samourai Wallet co-founders Rodriguez and William Lonergan Hill were sentenced on Nov. 19 to five and four years in prison, respectively, on charges stemming from their involvement in the protocol.Rodriguez said in an X post on Wednesday that he desperately needs help after being “financially wiped out,” accruing $2 million in debt from legal fees and a $250,000 fine imposed by the sentencing judge.Source: Keonne Rodriguez“We are entirely out of options. We need to pay off these legal bills and other debts accrued attempting to defend myself. We desperately need your help. Now.”The case against Rodriguez and Hill, along with Tornado Cash co-founder Roman Storm, has been closely followed by crypto advocates, many of whom argue they shouldn’t be held responsible for the actions of third parties using their software. They also argue that their convictions risk criminalizing open-source privacy tools and restricting privacy rights.Costs racked up over long legal battleRodriguez and Hill were first charged with conspiracy to commit money laundering and conspiracy to operate an unlicensed money transmitting business in April 2024. They initially pleaded not guilty, but in July 2025, they agreed to plead guilty to one charge of operating an illegal money transmitter.Rodriguez said in an interview with journalist and Bitcoin educator Natalie Brunell last December that he pleaded guilty after crunching the numbers and finding that a conviction would mean significantly more jail time and millions more in legal fees.Online legal marketplace Lawful estimates a criminal defense lawyer can cost on average $200 to $500 per hour, with retainer fees exceeding $10,000. Rates increase based on the type of case, the overall complexity and the number of lawyers working on the case.Presidential pardon likely off the tableUS President Donald Trump said last December that he would review Rodriguez’s case and explore a pardon. There is also a petition for a pardon that had attracted 15,953 signatures as of Thursday.Related: US prosecutors seek Roman Storm retrial after mixed verdictHowever, Rodriguez said that, unlike Trump’s pardons of Binance founder Changpeng “CZ” Zhao and Silk Road founder Ross Ulbricht, his prospects are low.“There was some hope during the Bitcoin 2026 conference, but that has now come and gone, and one must come to terms with the fact that I am simply a federal prisoner without money, power, or influence, and I will serve my full sentence,” he said.“Perhaps it was denial or delusion, but I had hoped to do what I have always done and dig myself out of this hole myself – but with the reality of serving a full sentence that is not possible.”Magazine: Singapore isn’t a ‘crypto hub’ — it’s something better: StraitsX CEO Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
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